A corporation, with a December 31, 2021 year-end, purchased manufacturing equipment for $60,000 on January 1 and a deliv
Posted: Wed Mar 09, 2022 8:22 am
A corporation, with a December 31, 2021 year-end, purchased
manufacturing equipment for $60,000 on January 1 and a delivery
truck for 55,000 on June 30. It sold on June 30, an old delivery
truck that originally cost $15,000, for $4,500. The other relevant
information is:
Asset Cost undepreciated capital cost (UCC)
What is the maximum CCA the corporation would claim in its 2021
taxation year?
manufacturing equipment for $60,000 on January 1 and a delivery
truck for 55,000 on June 30. It sold on June 30, an old delivery
truck that originally cost $15,000, for $4,500. The other relevant
information is:
Asset Cost undepreciated capital cost (UCC)
What is the maximum CCA the corporation would claim in its 2021
taxation year?